This company competes w/ C-CUBE. They develop & market integrated circuits for digital video & audio compresion. The IPO came out in Dec 95. The sales & earnings have been exploding. Over the past few months the stock has been rolling back & forth between the 27-28 range to 40.It has done it twice.Now its back to 28. Buying opportunity?? I am very bullish long term on this company.It has a great future!. Who else follows this stock?..Your comments? It reminds me of C-Cube before it broke out. Funds & banks both hold 0% according to Daily graphs 3-1-96. EPS growth is expected to increase 440% in 96 and 57% in 97. A high trailing PE at 280 but earnings are just starting to take off. |